Visa Plans To Use Android And Nokia For New Payment Services

Tricia Duryee

Sep. 25, 2008 - 2:08 PM PST
Sep. 25, 2008 - 2:08 PM PST

Visa said the U.S. isn’t ready to start using their phones to make payments in stores, like people do in Japan, but they preparing to launch new services, including alerts and location-based offers that will launch shortly on the first Android phones, Reuters reports. Additionally, the credit card company said in October, Nokia (NYSE: NOK) will start selling the 6212 phone, which users can use with electronic reader to make payments and use for remote payments and money transfers.

For Android, the company said the Visa application initially will be available to users who also have Visa cards issued by JPMorgan Chase banks, and other banks next year. The service will start off by offering transaction alerts and special offers from merchants that will work in conjunction with Google (NSDQ: GOOG) maps and location technology. Users will be able to find nearby cash machines and stores with special offers. Also in the works for Android is an in-store contact-less payment solution.